Starting a Business

Starting your own business brings with it mixed feelings – excitement at the prospect of fulfilling one of your key ambitions, and fear as to whether you can make it work.

At first, it can be a little overwhelming – so many things to do, and so many people vying for your time. However, getting started on the road to financial security can be made a lot easier by consulting a financial planner.

Logistically, it may seem like there’s a legislative and taxation minefield that you suddenly need to negotiate. Some of the questions you may be asking yourself might be:

• how will you continue to fund your superannuation now that there is no employer making contributions on your behalf?;

• how will you fund the business set-up if you have a limited cash-flow?;

• what sort of insurance will your business need?; and

• how will you maximise your earning and minimise your taxes?

How Can a Financial Planner Help?

A financial planner can help you to determine the financial requirements for your business, freeing up your time to do what you set out to do – run your own business.

For more information on how a financial planner can assist you, simply select one of the areas below:

• investment services;

• superannuation solutions;

• lending services;

• financial protection;

• debt management; and

• budgeting and savings services.

Of course, the only effective financial advice is based on a personal assessment of your unique circumstances and objectives. For an analysis of the best solutions to meet your needs, contact your financial planner.